Perm Loan Mod, BOA, terms ALL different! Opinions???

**juliesticka** · 12-28-2009, 01:28 PM

I finally got loan mod after writting to OOP. It actually only took 3 weeks from initial email to OOP...however, the loan mod doc's were signed in Feb.2009, BOA denied them and finally accepted them but they still say I am about $3000 late fees, they are missing 2 payments I made, WTF??? Now the senior Negotiator I had sends me to escrow dept, escrow sends me to some dept to recoup lost monies, same old run around. Except I have a higher loan balance and the payments are higher that before the mod because of these extra taxes that I paid(it raised the balance of our loan) and they are telling me to pay again. Sorry I just needed to vent! I just hope everyone here on this site documents everything and everyone they have talked to. Anyone else have different terms when it is all said and done?

**Evan Bedard** · 12-28-2009, 02:31 PM

Except I have a higher loan balance and the payments are higher that before the mod because of these extra taxes that I paid(it raised the balance of our loan) and they are telling me to pay again. Sorry I just needed to vent! I just hope everyone here on this site documents everything and everyone they have talked to. Anyone else have different terms when it is all said and done?

I have seen mistakes like this happen all the time. I suggest you go ahead and contact the OOP once again to let them know what happened, maybe they will be able to fix this..

**juliesticka** · 12-30-2009, 07:57 AM

Contacted them...they say contact the escrow dept, and the payment recovery dept, etc. Is that my job(well obviously it is)? I know that when I make a mistake I fix it so why don't they have to? I thought working with the OOP would cover my ass and NOPE, now they want to push me off again to the next dept. At least I can say I got a (F----- up) Loan MOd!!!! LOL

**hope67** · 12-30-2009, 08:20 AM

My neighbor went thru a similar situation, she got a modification from BOA, they added the delinquent interest and and past due escrow to her balance, However, her statement showed a past due escrow!! They were asking her to pay the past due amount which was already added to her new modified balance. It was a nightmare, she had to contact the escrow dept. it took couple of months for them to correct it.

Good luck!

**juliesticka** · 12-30-2009, 08:31 AM

Great couple MORE months, I thought 11 months (now 11 wow) and it would be done, wrong I was again! This whole thing in comprehensible. These banks are still in business, how can that be? Couple more months and I got what was called "FAST TRACK LOAN MODIFICATION" LOL!